AQA A Level Economics Paper 2 7136/2 - 6 Jun 2022 [Exam Chat]

For context 3 the 15 marker what did u interpret the “value of exports “ as lots of ppl are saying alot of different things

I interpreted it in 2 ways, i refered to the 'sum total value of exports' decreasing over time in the UK and how the 'value' of individual exports in the UK increased as we began to focus on providing exports based on quality rather than quality.

youre not meant to find the difference. Its just raw value of that year / base year raw value x 100.

What did you write for essay 3s 15 and 25 marker

I feel like im the only person that did essay 1 lol i genuinely can't find anyone else that did it

Would sum total value of exports just relate to the demand of exports

i think so, i just made sure to explicitly say it just to get the word value in there, but I am sure that they were generally asking for the demand

Anyone do context one( seems not many picked it and I kinda regret/idk what was context 2 about again) and essay 2

And if u did do context 1 what did u write for the 25 marker and 9

for the 9 marker, i said that fdi can be invested in infrastructure such as roads and bridges, which can help increase productivity and reduce transport costs for firms, leading to an outward shift in LRAS, causing long run growth, and lower prices, so exporting firms can lower their price due to lower costs, and thus make their exports more competitive.

for the 25 marker i said they should use fdi as it leads to economic growth, job opportunities, and other benefits of fdi. then evaluated by saying it can lead to exploitation of labour eg apple and chinese workers. then my other argument was the gov should pursue supply side policies by using their export revenues to invest in domestic growth, instead of relying on fdi, and then evaluated.

what did you write?

Thanks for the reply it really helps

For the 9 marker I have actually forgotten what specifically I wrote but I remember productivity and lowering costs through increased competitiveness

For the 25 marker it’s very similar to yours actually with an extra policy. I said they should use fiscal policy of cutting taxes to attract more fdi as they look for a low tax country this Will lead to higher overall tax revenues suggested by the laffer curve which can then be used to lower unemployment and improve real incomes while providing more public goods which all link to better standards of living
I also used supply side policies as an argument against using FDI

another question if you don’t mind. How do you structure your 9 and 25 markers

nice! feels good knowing someone else wrote similar points.
for the 9 marker, i wrote the definitions of key terms in a few lines, then one big paragraph including a diagram, no evaluation needed.

for the 25 marker, i did intro, paragraph 1 (use fdi) then an evaluation paragraph for that point, then paragraph 2 (use supply side policies), another eval paragraph for point 2, then a conclusion.

Would sum total value of exports just relate to the demand of exports